From September 1, 2023, pension contributions are transferred using the new details of the UAPF UAPF JSC informs that in connection with the completion of the transition to the Bank-Client remote banking system of the National Bank of the Republic of Kazakhstan from September 1, 2023, it is possible to transfer pension contributions only to the new details of the UAPF.

Exclusive interview with Bolat Zhamishev to the БЖЗҚ ЕНПФ YouTube channel A series of interviews dedicated to the 25th anniversary of the Kazakhstan’s funded pension system

Overview of UAPF key indicators as of August 1, 2023: Pension savings increased by 20% over the year The volume of pension savings of Kazakhstanis as of August 1, 2023 amounted to 16.4 trillion KZT. Over the year, it grew by 2.7 trillion KZT or 20%.

Net investment income of UAPF depositors for 7 months exceeded last year’s indicator by 52% The net investment income accrued to the accounts of UAPF depositors for the period from January to July 2023 amounted to more than 760.9 billion KZT and exceeded the indicator of the same period last year by 259.8 billion KZT or 52%.

UAPF JSC published the Annual Actuarial Report for 2022 Unified Accumulative Pension Fund JSC (UAPF) published the Annual Actuarial Report for 2022, which presents the main results of the complex actuarial calculations of the UAPF carried out during 2022 in the main areas for improving the pension system of Kazakhstan, provided for by the Concept for further modernization of the pension system of the Republic of Kazakhstan until 2030. The Concept is aimed at maintaining a multi-level model of pension provision with diversified sources of income for pensioners, ensuring the long-term sustainability of its distribution component, as well as maintaining and strengthening the mandatory funded component.

About 15 million services were provided by the Unified Accumulative Pension Fund for the period from January to July of this year Being a high-tech financial institution with a personalized approach to the formation and planning of funded pensions, UAPF provides its contributors and beneficiaries with the opportunity to receive services in a format convenient for them. The priority is electronic services. Over 10 million (68.9%) transactions were carried out over 7 months of the current year in electronic format.

More than KZT820 mln of pension savings was transferred by Kazakhstanis to the investment portfolio managers in July’23 Over 3.6 trillion tenge was transferred to special accounts of Kazakhstanis opened with banks-authorized operators, in accordance with 1.8 million applications for the purchase of housing and (or) medical treatment. As you know, pension savings can be used by citizens many times within the amount of pension savings in the UAPF available for withdrawal for housing, treatment or transfer to management companies.

This is an exclusive interview with the YouTube channel of the UAPF Grigoriy Alexandrovich Marchenko 2023 marks the 25th anniversary of the founding of the accumulative pension system of Kazakhstan.

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